Let me get this straight... - Saab NG900 & OG9-3 Bulletin Board - Saabnet.com
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Let me get this straight...
Posted by Richard P. (more from Richard P.) on Mon, 16 Jul 2001 13:06:46
In Reply to: End of lease is near, question, EJ, Mon, 16 Jul 2001 09:39:28
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If I understand this correctly, if you wait turn in the car at the end of the lease, you will owe $4000 for mileage penalties. If you trade in/buy out the lease right now, you will owe $16000 for the car. If I were you, I'd try to negotiate the price you want IE closer to $14500, right now before they find out about the mileage penalty. If they don't allow you to buy the car at a good price, consider trading it in before your lease is up. IE if the dealership gives you $13500 on a trade in for your car, you will have lost $2500 instead of $4000 for mileage penalties. Have you talked to the leasing company yet?
Richard P. '99 9-3SE HOT
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